HIG rolls out Italian storage platform under Boxengo

HIG Capital has created its new Italian self-storage platform after completing its first five acquisitions in the country.

The move represents a further step in HIG’s expansion in the self-storage sector, adding to its existing platforms in the UK and Germany.

Operating as Boxengo, the business will start with five strategically located facilities — four in Milan and one in Rome — concentrating on the main urban markets.

Two Milan locations are expected to open before the end of the year, while the remaining three will become operational in 2026. The company will be headed by CEO William Binella.

Riccardo Dallolio, managing director and head of HIG Realty Europe, stated that the first acquisitions mark a key milestone in the firm’s strategy within a sector considered operationally intensive and still undersupplied.

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